Almost every big-budget movie is losing money in Bollywood. And yet, even if a small-budget movie makes thrice its cost, the industry does not count it as a blockbuster. Welcome to the warped economics of la-la-land
TCA Raghavan is a former Indian High Commissioner to Pakistan and Singapore. His first book, Attendant Lords: Abdur Rahim and Bairam Khan: Courtiers and Poets in Mughal India, was awarded the Mohammad Habib Prize by the Indian History Congress. He is also the author of The People Next Door: The Curious History of India’s Relations with Pakistan and History Men: Jadunath Sarkar, G S Sardesai, Raghubir Sinh and Their Quest for India’s Past. His latest book is Circles of Freedom: Love, Friendship and Loyalty in the Indian National Struggle